ACCOUNTS - Final Accounts

Share capital

Shares classified as equity

KESSLER (SLR) HOLDING LIMITED - Company Information

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Registered number: 10894508

KESSLER (SLR) HOLDING LIMITED

UNAUDITED ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

KESSLER (SLR) HOLDING LIMITED

CONTENTS

	Page
Company information	1
Directors' report	2
Accountants' report	3
Balance sheet	4
Notes to the financial statements	5 - 7

KESSLER (SLR) HOLDING LIMITED

COMPANY INFORMATION

Directors	C J Kessler
	E D Kessler
	D Screen
	R Glatter
	R L John


Company secretary	D Screen


Registered number	10894508


Registered office	16 Great Queen Street
	Covent Garden
	London
	WC2B 5AH


Accountants	Blick Rothenberg Limited
	Chartered Accountants
	16 Great Queen Street
	Covent Garden
	London
	WC2B 5AH

Page 1

KESSLER (SLR) HOLDING LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2022

The directors present their report and the financial statements for the year ended 31 December 2022.

Directors

The directors who served during the year were:

C J Kessler

E D Kessler

D Screen

R Glatter

R L John

Small companies note

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board and signed on its behalf.

D Screen

Director

Date: 14 June 2023

Page 2

KESSLER (SLR) HOLDING LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF KESSLER (SLR) HOLDING LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2022

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kessler (SLR) Holding Limited for the year ended 31 December 2022 which comprise the balance sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

We have carried out this engagement in accordance with technical guidance issued by the Institute of Chartered Accountants in England and Wales (ICAEW) and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.

It is your duty to ensure that Kessler (SLR) Holding Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the company's assets, liabilities, financial position and profit or loss. You consider that Kessler (SLR) Holding Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Kessler (SLR) Holding Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Use of our report
This report is made solely to the board of directors of Kessler (SLR) Holding Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Kessler (SLR) Holding Limited and state those matters that we have agreed to state to them in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kessler (SLR) Holding Limited and its board of directors, as a body, for our work or for this report.

Blick Rothenberg Limited

Chartered Accountants

16 Great Queen Street

Covent Garden

London

WC2B 5AH

14 June 2023

Page 3

REGISTERED NUMBER:10894508

KESSLER (SLR) HOLDING LIMITED

BALANCE SHEET

AS AT 31 DECEMBER 2022

	2022	2021
Note	£	£

Fixed assets
Investments	4	900,000	900,000

Creditors: amounts falling due after more than one year	5	(150)	(150)

Net assets		899,850	899,850

Capital and reserves
Called up share capital	6	899,850	899,850
Total equity		899,850	899,850

For the year ended 31 December 2022 the company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

D Screen

Director

Date: 14 June 2023

The notes on pages 5 to 7 form part of these financial statements.

Page 4

KESSLER (SLR) HOLDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

1.	General information

Kessler (SLR) Holding Limited is a private company limited by shares incorporated in England and Wales. The address of its registered office is 16 Great Queen Street, Covent Garden, London, WC2B 5AH.
The financial statements are presented in Sterling (£), which is the functional currrency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

In preparing the financial statements, the directors have taken advantage of the small group exemption to prepare consolidated accounts.
The following principal accounting policies have been applied:

2.2

Going concern

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the forseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.4

Share capital

Ordinary shares are classified as equity.

Employees

The average monthly number of employees, including directors, during the year was 5 (2021 - 5).

Page 5

KESSLER (SLR) HOLDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

4.	Fixed asset investments

		Investments in subsidiary company
		£
	Cost
	At 1 January 2022	900,000
	At 31 December 2022	900,000

Subsidiary undertaking
The following was a subsidiary undertaking of the company:
Name	Registered office	Principal activity	Class of shares	Holding

Kessler (SLR) Limited

England and Wales

Property investment

Ordinary

100%

The registered office of Kessler (SLR) Limited is the same as that of the company.

5.	Creditors: amounts falling due after more than one year
		2022	2021
		£	£

	Share capital treated as debt	150	150

Disclosure of the terms and conditions attached to the non-equity shares is made in note 6.

Page 6

KESSLER (SLR) HOLDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

Allotted, called up and fully paid

899,850 (2021 - 899,850) Ordinary shares of £1.00 each	899,850	899,850


	Shares classified as debt

Allotted, called up and fully paid

150 (2021 - 150) Management shares of £1.00 each	150	150

Each ordinary share carries the right to one vote and to participate in all of the profits of the company, distributed or otherwise, and to all profits and surplus on a winding up.
Each management share carries the right to 100,000 votes and the repayment of capital on a winding up, ranking pari passu with the ordinary shares. A management share does not carry any right to participate in the profits of the company distributed by dividends or otherwise or to participate in any profits or surplus on a winding up.
The management shares are classified as non-equity and are included within creditors due after more than one year.

Page 7